6.6%The Philippine Statistics Authority (PSA) tracked inflation for the month of April at 6.6 percent. Our inflation rate is definitely easing. Nevertheless, the inflation rate for the first four months of the year still stands at 7.9 percent. This restrains growth, although it also cools the inflation rate. Meanwhile, all eyes are on the Monetary Board and the probability it could pause its interest rate hikes.

Source: Philippine Star May 06, 2023 04:45 UTC